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Cuba: Port Upgrades and Free-Trade Zones BY MARC FRANK When Latin American and Caribbean heads of state gather in Cuba in January 2014 for the Comunidad de Estados Latinoamericanos y Caribeños (Community of Latin American and Caribbean States— CELAC) summit, the agenda will include a side trip to Mariel Bay. There, Brazilian President Dilma Rousseff and Cuban President Raúl Castro will cut the ribbon on a brand new container terminal that Cuba hopes will replace Havana as the country's principal port. Brazil financed more than two-thirds of the $900 million project, built in partnership with Brazilian construction company Odebrecht over six years—providing $670 million in loans for terminal construction and infrastructure development such as rail and road. The facility, with an initial capacity of 850,000 to 1 million containers, will be operated by Singaporean port operator PSA International. The Mariel Bay facility, located 28 miles (45 kilometers) west of the capital on the northern coast, was built to attract traffic from the larger container ships expected to traverse the Panama Canal in 2015. It could also serve as a major transfer point for cargo heading to other destinations. But the competition is already fierce. The Dominican Republic, Jamaica, the Bahamas, and Panama are all rushing to improve their port facilities.

Abstract:
World Cup Update Following the 2014 World Cup? Read more coverage here. With preparations for the 2014 FIFA World Cup nearing completion, soccer fans across the region can turn their attention to what really matters: their national team's chances of winning on the world's biggest stage. Although European teams have won four of the last six competitions, South American teams have historically fared far better when playing at home. The World Cup draw last December placed the 32 qualifying teams in eight groups of four. From June 12 to June 26, each team will play the other teams in its group in a round- robin format. The top two teams from each group will advance to the elimination round. Not all groups are created equal, so here are some predictions for the hemisphere's 10 qualifying teams.